The international credit rating agency Fitch Ratings has revised its short-term forecasts for mining commodity prices upwards. The short-term forecast for iron ore prices in 2026 has been raised to $100/t…
Baoshan Iron & Steel (Baosteel), a subsidiary of the world’s leading steel producer China Baowu Steel Group, has kept prices for most flat steel products, including hot-rolled coil (HRC), unchanged for…
Prices of carbon steel billets in China are expected to ease slightly this month, mainly under pressure from subdued demand in the summer lull and fading cost support from raw materials prices, according…
The US steel producer Nucor has once again raised its spot price (CSP) for hot-rolled coil by $10 per short tonne compared to the previous week. This is stated in the company’s letter to customers dated…
After rising steadily for nearly a month, Chinese steel prices began heading south in mid-May and are expected to remain under downward pressure in June, weighed by a mismatch between domestic steel supply…
By 2026, global excess steel production capacity will reach 745 million tons. This is according to a new report by the Organization for Economic Cooperation and Development (OECD) – OECD Steel Outlook…
U.S. steel producer Nucor has once again raised its spot price (CSP) for hot-rolled coil by $10 per short ton compared to the previous week. This was announced in a letter the company sent to its customers…
Prices continued to rise across all regional slab markets in May, with increases mostly ranging from $5 to $20 per ton. The reference export price for Brazilian slabs fell by $5 in May – to $600/t (FOB).…
The American Iron and Steel Institute (AISI) has reported that the U.S. imported 1.87 million net tons (NT) of steel in April 2026, including 1.38 million NT of finished steel, based on preliminary Census…
The contrast between China's weak steel production but robust iron ore imports is continuing and is starting to look like a structural shift rather than a temporary dislocation.
Global pig iron production for the period from January to April 2026 fell by 1.6% compared to the same period in 2025, to 456.3 million tons. This is according to data from the World Steel Association…
